January, 2017

• 25 January

  UK economy’s Brexit success still has companies fretting

  

    Bloomberg The UK economy may have cleared its 2016 Brexit test, but that’s not easing companies’ concern about the approaching challenges. Days before figures are predicted to show a healthy 0.5 percent expansion in the last quarter of 2016, businesses from airline EasyJet Plc to telecommunications firm BT Group Plc cited Brexit-linked problems such as a weaker pound and ...

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• 25 January

  Samsung Note 7 fires show weak battery safeguards

  

    Bloomberg Defects that caused Samsung Electronics Co.’s Note 7 phones to burst into flames last year revealed that the industry’s voluntary standards for the design and manufacture of rechargeable batteries aren’t adequate, a US consumer-safety regulator has concluded. The Consumer Product Safety Commission, which negotiated a recall of 1.9 million of the phones and is conducting its own investigation, ...

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• 25 January

  Alphabet gets robotics pioneer back

    Bloomberg Alphabet Inc. re-hired Yoky Matsuoka to oversee technology at its Nest Labs Inc. smart home unit, snapping up the robotics and artificial intelligence expert after she recently left Apple Inc. As Chief Technology Officer, Matsuoka will work closely with Nest’s engineering and product teams to define a long-term technology roadmap. She’ll be responsible for identifying important enabling technologies ...

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• 25 January

  Facebook, Snapchat deals produce meagre results for news outlets

  

    Bloomberg Newspapers and other media outlets are struggling to make money from their partnerships with tech giants like Facebook and Snapchat, raising concerns over their business models in a news landscape increasingly dominated by social media platforms. Some publishers are scaling back on Facebook Inc.’s Instant Articles program, in which they host stories directly on the social-media company’s platform ...

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• 25 January

  Apple’s legal assaults on Qualcomm part of phone margin grab

  

    Bloomberg Apple Inc. is piling onto lawsuits that attack the way Qualcomm Inc. licenses technology for mobile phones in a widespread effort to rake back profits in a slowing market. The latest suit by Apple alleges that Qualcomm has unfairly used the power of its patents, which cover the fundamentals of phone systems, and its chip business to prop ...

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• 24 January

  Emirates Steel ends 2016 with new production record

    ABU DHABI / WAM Within its strategy to further increase its contribution to the economic diversification efforts, and strengthening the economic performance of the non-oil sectors in line with ‘Abu Dhabi Economic Vision 2030’, Emirates Steel, the only integrated steel plant in the UAE, owned by Senaat, has exceeded its last manufac- turing record of the company’s Steel Making ...

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• 24 January

  UAE aims to rank among top 20 healthcare markets in next 4 years

  

    ABU DHABI / Emirates Business High quality continuing medical education (CME) will help GCC physicians improve their care of patients in the UAE and across the region, US based healthcare experts said ahead of the upcoming Arab Health Exhibition and Congress. And with the UAE’s vision to rank among the world’s top 20 healthcare markets in the next four ...

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• 24 January

  Mideast visitors integral to $363bn UK tourism growth forecast

    ABU DHABI / WAM This year’s Arabian Travel Market (ATM), a sister event of the World Travel Market London, will provide the perfect platform for UK destinations, hotels and attractions, as well as regional outbound tour operators, as Middle East travellers are expected to play a key role in the UK’s continued tourism growth. According to the World Travel ...

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• 24 January

  Can Trump make the world stable again?

  

    Donald Trump’s inauguration marks a global inflection point: He takes office at a moment when many analysts see a transition to a new economic and political order — one where the risks for the United States and its allies are likely to increase. Trump’s promise to “make America great again” resonated with many disaffected voters at home. But abroad, ...

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• 24 January

  Japan Inc.’s raw deal to India

  

    Japan Inc. is getting a raw deal in India. Some of its high-profile investments in the country have created more wealth for arbitration lawyers in London and Singapore than they have for shareholders. Those who were expecting great things from the bromance between Japanese Prime Minister Shinzo Abe and his Indian counterpart Narendra Modi have reasons to be disappointed. ...

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